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Last-ever BMW M3 Coupe rolls off line

With only a shade over 16,000 examples produced for the worldwide market during its run, the first-generation BMW M3 wasn't built in significantly larger numbers than the Lamborghini Gallardo (13,059 cars by the end of the 2012 model year). And they were all coupes. The four-door M3 was introduced in 1994, two years after the second-generation coupe bowed, sat out the car's E46 run and then returned for the E90's run.

Honda plans plant for CVT builds

Honda Motor Co. plans to build a $470 million factory in Celaya, Mexico, to assemble continuously variable transmissions. The factory will operate alongside a plant under construction that's scheduled to build the next-generation Fit hatchback and a Fit-based crossover.

Budget 2009 - UK gets £2000 scrappage scheme

By Ben Pulman Motor Industry 22 April 2009 15:15 Chancellor Alistair Darling has announced a £2000 car-scrapping incentive, and a surprise 2p per litre increase in fuel tax in the latest budget. Darling delivered his Budget speech at 12.30pm GMT today. Scroll down the page to see our edited highlights of the 2009 Budget, read in-depth details of the scrappage scheme and see how the motor industry has responded.